Fletcher Building Limited (ASX: FBU) Share Price and News
Chart and Price Data
|Avg Daily Volume|
|52 Week Range||-|
|Year Return (Capital)|
Fletcher Building Limited (FBU) is a home builder and building products company. Its operations span the entire building supply chain, from raw materials right through to construction.
The company operates across 6 main divisions: building products, distribution, concrete, residential and development, construction, and Australia. Some of the leading brands under the company’s banner include Laminex, iPlex, and Tradelink.
Fletcher Building’s history dates back to 1909 when founder James Fletcher built his first house in Dunedin, New Zealand. Today, the company has expansive operations across New Zealand, Australia and the South Pacific, employing over 16,000 people. Fletcher Building shares are dual-listed on the ASX and NZX.
Fletcher Building Limited (ASX: FBU) Latest News
Brendon Lau | November 20, 2018 3:03pm
The crash in the US homebuilder index is weighing heavily on several ASX stocks today. Is the dip a buying opportunity for Boral Limited... More »
James Mickleboro | November 20, 2018 12:25pm
The Altium Limited (ASX:ALU) share price is one of four sinking lower on Tuesday. Here's what you need to know... More »
Why the divorce between Sims Metal Management Ltd (ASX:SGM) and Fletcher Building Limited (ASX:FBU) can benefit both
Tommaso Autorino | June 29, 2018 12:00pm
Fletcher Building Limited (ASX:FBU) abandons the Sims Pacific Metals joint venture. Here’s what you need to know. More »
Tommaso Autorino | June 22, 2018 8:41am
Fletcher Building Limited (ASX:FBU) announced its turnaround strategy. Here’s what you need to know. More »
Tristan Harrison | May 31, 2018 1:06pm
The Wesfarmers Ltd (ASX:WES) share price is performing well. More »
Brendon Lau | May 17, 2018 4:48pm
The share price performance of DuluxGroup Limited (ASX: DLX) is proof that good results won't guarantee further gains for those trading at a premium... More »
Brendon Lau | May 15, 2018 1:29pm
Don’t be disheartened by the retreat in the share price of A2 Milk Company Ltd (ASX: A2M) after the initial excitement from news that... More »
Carin Pickworth | April 20, 2018 4:50pm
Fletcher Building Ltd (ASX:FBU) may be addressing investor concerns. More »
Kevin Gandiya | April 17, 2018 12:43pm
Why Wesfarmers Ltd shareholders will be happy they aren't acquiring Fletcher Building Limited More »
Tristan Harrison | April 13, 2018 5:09pm
The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished higher on Friday. More »
James Mickleboro | April 13, 2018 1:41pm
The Aristocrat Leisure Limited (ASX:ALL) share price is one of four ending the week with a bang. Here's why... More »
James Mickleboro | April 13, 2018 10:08am
The Fletcher Building Limited (ASX:FBU) share price has rocketed higher amid speculation that it is an acquisition target of Wesfarmers Ltd (ASX:WES)… More »
Will Fletcher Building pay a dividend in 2020?
Up until the first half of 2020, Fletcher Building has been paying twice yearly dividends every year since it listed on the ASX in 2001. The company has paid three fully franked dividends during this time with the remainder of its payments being unfranked.
Fletcher Building was scheduled to pay an interim dividend of 8.97 cents per share on 9 April 2020 however, in an announcement released on 25 March, this payment was cancelled due to the impacts of COVID-19 restrictions. Also included in the announcement was advice that the company would be suspending its on-market share buyback program and withdrawing its FY20 EBIT guidance. Since then, Fletcher Building has made cuts to its capital expenditure and also achieved amendments to its banking agreements in an effort to shore up the balance sheet. The company is yet to announce whether a final dividend is to be paid and will release its full year results for FY2020 on 19 August.
Does Fletcher Building offer a DRP?
Yes. Fletcher Building offers shareholders residing in Australia and New Zealand the option of either full or partial participation in its dividend reinvestment plan. The Fletcher Building Board may, at any time, determine that the DRP will not apply to a particular dividend payment by making an announcement to the market.